{"id":569938,"date":"2020-03-12T04:08:39","date_gmt":"2020-03-12T04:08:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=569938"},"modified":"2025-12-16T07:12:07","modified_gmt":"2025-12-16T07:12:07","slug":"us-bans-flights-to-europe-as-covid-19-is-declared-a-pandemic","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/us-bans-flights-to-europe-as-covid-19-is-declared-a-pandemic\/","title":{"rendered":"US bans flights to Europe as covid-19 is declared a pandemic"},"content":{"rendered":"<section id=\"569940\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569940\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We're Tracking Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/what-were-tracking-on-thursday-12-march-2020\/\">\r\n                            What we\u2019re tracking on Thursday, 12 March 2020                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/what-were-tracking-on-thursday-12-march-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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With the press and policymakers invoking the specter of the , the government has declared an emergency and set up operation rooms in every governorate nationwide, Local Development Minister Mahmoud Shaarawy <a href=\"https:\/\/bit.ly\/2vcXZu5\">said at a press conference picked up by Youm 7.<\/a><\/p><p><strong>Rain began in the capital city a little after midnight <\/strong>and is intermittent in the People\u2019s Democratic Republic of Maadi as we hurtle toward our dispatch deadline this morning. Twitter tells us the rain near dispatch time is heavy in El Wahat, moderate in Sheikh Zayed and light in Cairo.<\/p><p><strong>The weather service says we could still see heavy rainfall: <\/strong>We could see total rainfall of more than 45 mm in Cairo (more than last October), and 70 mm in Matrouh and other points on the North Coast.<\/p><hr class=\"grey-line\"><p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>While you were sleeping, things got more than a little nutty on the covid-19 front: <\/strong>Flights between Europe and the US are suspended, shops across Italy are closed and Asian stocks and US futures are tanking: We may have found a new winner for the worst day of covid-19 yet.<\/p><p><strong>The World Health Organization (WHO) has <\/strong><strong><a href=\"https:\/\/www.cnbc.com\/2020\/03\/11\/who-declares-the-coronavirus-outbreak-a-global-pandemic.html\">officially declared<\/a><\/strong><strong> the covid-19 outbreak a <\/strong><strong>global pandemic<\/strong>. \u201cIn the days and weeks ahead, we expect to see the number of cases, the number of deaths and the number of affected countries to climb even higher,\u201d WHO Director-General Tedros Adhanom Ghebreyesus said. <a href=\"https:\/\/www.worldometers.info\/coronavirus\/\">More than 126k people worldwide<\/a> have now tested positive for the virus, with 4.6k having died as a result and 67k having recovered. You can <a href=\"https:\/\/www.facebook.com\/WHO\/photos\/a.167668209945237\/2976138219098208\/?type=3&amp;theater\">read the WHO\u2019s statement here<\/a>.<\/p><p><strong>The United States has <\/strong><strong><a href=\"https:\/\/www.nytimes.com\/2020\/03\/11\/us\/politics\/trump-coronavirus-speech.html\">banned flights<\/a><\/strong><strong> to Europe for a 30-day period starting on Friday at <\/strong><strong>11:59pm<\/strong>, with only aircraft heading to the UK exempted. Oil prices plunged nearly 6% in the minutes after the announcement. There\u2019s more:<\/p><ul>\n<li>The US has issued a travel warning <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-usa-travel\/u-s-advises-citizens-to-reconsider-travel-abroad-due-to-coronavirus-idUSKBN20Z0FH\">urging its citizens not to leave the country<\/a>;<\/li>\n<li>The NBA has <a href=\"https:\/\/www.reuters.com\/article\/us-basketball-nba\/nba-suspends-season-after-utah-jazz-player-tests-positive-for-coronavirus-idUSKBN20Z07V\">cancelled its season<\/a>;<\/li>\n<li>Italy has ordered <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-03-11\/conte-says-italy-will-remain-open-only-for-essential-services\">all shops and restaurants<\/a> across the country to close;<\/li>\n<li>Germany\u2019s Angela Merkel said <a href=\"https:\/\/www.bbc.com\/news\/world-us-canada-51835856\">up to 70% of Germany could become infected<\/a>;<\/li>\n<li>The actor <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-hanks\/tom-hanks-wife-rita-wilson-test-positive-for-coronavirus-in-australia-idUSKBN20Z061\">Tom Hanks<\/a> announced that he and his wife have tested positive for covid-19 in Australia.<\/li>\n<\/ul><p><strong>The flight ban leads the front pages <\/strong>of news sites the world over this morning.<\/p><p><strong>Markets are tanking in the wake of the flight ban. <\/strong>Asian markets including Japan, Hong Kong and China are down anywhere 2-4% at the moment and futures point to a heavy sell-off when markets open in Europe and the United States today. This comes after the <strong>Dow entered <\/strong><strong><a href=\"https:\/\/www.cnbc.com\/2020\/03\/11\/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html\">bear territory<\/a><\/strong><strong> yesterday<\/strong>, defined as 20% down from its record high in February. US markets all closed deeply in the red yesterday, while the EGX was down 0.1% as it erased at the close the gains it had made earlier in the day<\/p><hr class=\"grey-line\"><p><strong>HERE AT HOME: We now have 67 total recorded cases in Egypt, after another eight <\/strong><strong>patients tested positive<\/strong>, including seven Egyptians and one foreigner, <a href=\"http:\/\/bit.ly\/33h3Mv9\">the Health Ministry said in a statement<\/a>. Each is apparently a case of community transmission. Meanwhile, Egypt reported one patient has officially recovered after receiving medical care, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53c0d7d0-151a-48df-b575-95825930be9d\">joining 26 others<\/a> who did the same earlier this week.<\/p><p><strong>The Education Ministry has suspended some extracurricular activities at schools<\/strong> as a precaution, a <a href=\"http:\/\/bit.ly\/2Q9OoLE\">cabinet statement<\/a> said without elaborating. In a <a href=\"https:\/\/www.masrawy.com\/news\/education-schooleducation\/details\/2020\/3\/11\/1740975\/%D9%85%D8%A7-%D8%A7%D9%84%D8%A3%D9%86%D8%B4%D8%B7%D8%A9-%D8%A7%D9%84%D8%AA%D9%8A-%D9%82%D8%B1%D8%B1%D8%AA-%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%AA%D8%B9%D9%84%D9%8A%D9%85-%D8%AA%D8%B9%D9%84%D9%8A%D9%82%D9%87%D8%A7-%D8%A8%D8%A7%D9%84%D9%85%D8%AF%D8%A7%D8%B3-%D8%B7%D8%A7%D8%B1%D9%82-%D8%B4%D9%88%D9%82%D9%8A-%D9%8A%D9%88%D8%B6%D8%AD\">clarification to Masrawy<\/a>, Education Minister Tarek Shawky said the ministry was referring to after school physical education, music and computer science programs, which are on hold as part of the ban on large gatherings. <strong>Friday prayers are still expected to take place tomorrow.<\/strong><\/p><p><strong>Face masks are being distributed to Cairo metro workers and passengers at peak times,<\/strong> and authorities are undertaking extra cleaning efforts, <a href=\"http:\/\/english.ahram.org.eg\/News\/365140.aspx\">Ahram Online reports<\/a>.<\/p><p><strong>Cityscape Egypt <\/strong><strong><a href=\"https:\/\/www.cityscapeegypt.com\/en\/visitor-zone\/Cityscape-Egypt-Event-Update.html\">announced<\/a><\/strong><strong> it is pushing back its 18 March real estate exhibition<\/strong> and will reschedule for a date later this year.<\/p><p><strong>Health insurance providers in Egypt may not pay out in case of infection or death<\/strong> if covid-19 is declared a pandemic, <a href=\"https:\/\/bit.ly\/2Q5xeim\">Misr Life Insurance Chairman Ahmed Abdel Aziz told Al Mal.<\/a> The story was filed just before the WHO declared that the virus is, indeed, now pandemic.<\/p><p><strong>We are seeing a spate of new cases abroad that have connections to Egypt. <\/strong>Nine travelers from a Hong Kong tour group that <a href=\"https:\/\/www.scmp.com\/news\/hong-kong\/health-environment\/article\/3074607\/coronavirus-cathay-pacific-flight-attendant-among\">recently visited Egypt<\/a> and their guide have either been infected or tested preliminarily positive for the virus. And in Iowa, five new cases of the illness were identified on Tuesday evening, with all of those affected having been together on a cruise in Egypt. Seven existing covid-19 cases in Iowa were individuals who had been on the same cruise, <a href=\"https:\/\/www.iowapublicradio.org\/post\/iowa-identifies-five-more-covid-19-cases-linked-egypt-cruise#stream\/0\">local media reports<\/a>.<\/p><p><strong>Egypt is now the sixth-largest connection to covid-19 cases in the US<\/strong>, according to data from the <a href=\"https:\/\/www.nytimes.com\/interactive\/2020\/us\/coronavirus-us-cases.html\">New York Times<\/a>.<\/p><p><strong>We\u2019re need to start asking ourselves whether (and when) we can start working from <\/strong><strong>home<\/strong> as \u201cflattening the curve\u201d through extreme \u201csocial distancing\u201d (no hugs, no work from the office, no shops and malls) may be the only thing that prevents the widespread transmission of covid-19. <a href=\"https:\/\/www.statnews.com\/2020\/03\/11\/flattening-curve-coronavirus\/\">Check out this piece from Stat\u2019s excellent Helen Branswell<\/a>.<\/p><hr class=\"grey-line\"><p><strong>Across Africa, fears of a rapid spread of the virus abound.<\/strong> The continent is home to 16% of the world\u2019s population but only 1% of global healthcare spending, and resources to tackle an outbreak are scarce, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-03-11\/africa-s-struggling-health-care-systems-brace-for-coronavirus?sref=mmeFTDW1\">according to Bloomberg<\/a>. The<a href=\"https:\/\/blogs.imf.org\/2020\/03\/04\/potential-impact-of-the-coronavirus-epidemic-what-we-know-and-what-we-can-do\/\">IMF has pledged<\/a> to make USD 10 bn available at zero interest to help poor countries fight the illness, and the <a href=\"https:\/\/www.afro.who.int\/health-topics\/coronavirus-covid-19\">WHO has supplied<\/a> testing equipment and training across the continent. Crowded urban areas, a low doctor-patient ratio and a lack of resources are reasons to be concerned.<\/p><p><strong>A rare note of positivity:<\/strong> In Wuhan \u2014 the Chinese city that was the epicenter of the pandemic \u2014 workers in critical sectors are being allowed to return to work following President Xi Jinping\u2019s visit on Tuesday, <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-china\/some-in-wuhan-told-to-go-back-to-work-as-new-coronavirus-cases-subside-in-china-idUSKBN20Y03W\">Reuters reports<\/a>. Other regions in the country have since also lowered emergency response levels and eased travel restrictions.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"http:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/Hauser-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>P<\/strong><strong>olicymakers <\/strong><strong>around the world are sounding the rallying cry to avert a global recession:<\/strong> The UK government and Bank of England yesterday announced coordinated stimulus measures in a bid to mitigate the effects of covid-19 on the UK economy. <a href=\"https:\/\/www.ft.com\/content\/4e60c08e-6380-11ea-b3f3-fe4680ea68b5\">The BOE followed the US Federal Reserve in making an emergency 50 bps rate cut<\/a>, and announced cheap funding for the banking sector, a freeze on bank dividends and lowered capital requirements. In the government\u2019s annual budget statement, UK Chancellor Rishi Sunak announced <a href=\"https:\/\/www.bbc.co.uk\/news\/uk-politics-51835306\">a GBP 30 bn (c. USD 39 bn) fiscal stimulus package<\/a>, GBP 12 bn of which will be allocated to fighting covid-19 and at least GBP 5 bn for the National Health Service.<\/p><p><strong>A model for other central banks to follow -El Erian:<\/strong> The always-on-point Mohamed El Erian <a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2020-03-11\/coronavirus-bank-of-england-and-u-k-set-example-for-response?srnd=opinion&amp;sref=mmeFTDW1\">writes for Bloomberg<\/a> that the UK\u2019s twin responses of monetary and fiscal stimulus \u201cset an important example for other central banks\u201d for how to manage the crisis. The large fiscal stimulus package, the decision to increase coordination between the Bank of England and the Treasury and new central bank measures to support small businesses \u201care part of the necessary comprehensive response\u201d that should be replicated around the world, he writes.<\/p><p><strong>The <\/strong><strong>ECB is very likely to follow suit this afternoon when it meets to decide rates:<\/strong> ECB boss Christine Lagarde signaled that the central bank will be taking steps that would take into account all possible tools to shore up the bloc\u2019s economy, especially measures to support liquidity and access to credit \u2014 including providing \u201csuper-cheap\u201d funding, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-03-11\/ecb-s-lagarde-warns-of-2008-style-crisis-without-urgent-action?sref=mmeFTDW1\">Bloomberg<\/a>. Lagarde warned that the world facesa crisis not unlike the 2008 financial crash if policymakers don\u2019t start working on a coordinated response.<\/p><p><strong>Bank of Japan to take easing to new extremes:<\/strong> The BOJ will likely greenlight further stimulus measures when it meets next week, taking its hyper-easing strategy to new levels. Interest rates are at negative 0.1% and the bank already holds <a href=\"https:\/\/www.reuters.com\/article\/japan-stocks-boj\/rpt-boj-credibility-at-risk-as-its-stock-portfolio-on-verge-of-losses-idUSL4N2B40DJ\">USD 279 bn in stocks on its books<\/a>, but <a href=\"https:\/\/www.reuters.com\/article\/japan-economy-boj\/rpt-update-1-boj-likely-to-ease-policy-in-bid-to-bolster-sentiment-sources-say-idUSL4N2B45LV\">sources told Reuters<\/a> that one of the measures the bank could take is ramping purchases of ETFs.<\/p><p><strong>All eyes on the Fed next Wednesday: <\/strong><a href=\"https:\/\/www.cnbc.com\/2020\/03\/06\/the-market-now-sees-the-fed-cutting-by-75-basis-points-in-march.html\">Traders expect<\/a> the Fed to cut rates by another 75 bps to just 0.25-0.5% when it meets on 17-18 March.<\/p><p><strong>Where does Egypt stand? <\/strong>Analysts are split on what the CBE would do when it meets on 2 April after inflation <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/14366c65-7c0c-43c2-9323-5220a775c9fa\">slowed down<\/a> in February, beating most expectations. Those in favor of a rate cut argue that policymakers will make protecting economic activity a priority, considering moves being taken by other central banks.<\/p><p><strong>Others forecast that the Central Bank of Egypt will maintain rates,<\/strong> citing pressure on Egypt\u2019s three key sources of foreign currency \u2014 tourism income, remittances from Egyptians abroad, and foreign inflows into government debt. \u201cWe expect the CBE to pause the easing cycle as it waits to assess the new threats to both the Egyptian and the global economic performance,\u201d Pharos Holding said in a research note yesterday. Pharos believes the CBE can\u2019t afford to cut rates, despite global monetary easing \u2014 high rates will keep the carry trade here and ease pressure on the EGP.<\/p><hr class=\"grey-line\"><p><strong>Saudi ratchets up oil price war: <\/strong>Saudi Aramco announced yesterday that it would raise its output capacity to 13 mn bbl\/day, up from the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53c0d7d0-151a-48df-b575-95825930be9d\">record 12.3 mn bbl\/d it already<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53c0d7d0-151a-48df-b575-95825930be9d\">announced this week<\/a>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-03-11\/aramco-will-boost-oil-output-capacity-to-13-million-barrels-day?srnd=premium-middle-east&amp;sref=mmeFTDW1\">striking another blow<\/a> in the country\u2019s ongoing oil price war with Russia. Aramco didn\u2019t say when the capacity increase would take place, but analysts have said it may take years and require bns in investment.<\/p><p><strong>The news <\/strong><strong><a href=\"https:\/\/www.wsj.com\/articles\/saudi-arabia-to-boost-oil-output-even-further-11583911022?mod=hp_lead_pos4\">sent the price<\/a><\/strong><strong> of Brent crude plummeting 3.2% to USD 36.04 bbl.<\/strong> Aramco\u2019s share price was also down 0.32% yesterday, having dropped 4.8% since last week.<\/p><p><strong>Putin pushes legislation to keep himself in power until 2036: <\/strong>Russia's lower house of parliament approved on Wednesday a constitutional amendment that would allow President Vladimir Putin to stay in power until 2036, <a href=\"https:\/\/www.wsj.com\/articles\/putin-backs-proposal-paving-way-for-new-presidential-term-11583848309\">according to The Wall Street Journal<\/a>, giving him a 36-year run in the position. The proposal was put forth by MP Valentina Tereshkova and quickly embraced by Putin who says that Russia \u201chas had enough revolutions\u201d and his prolonged rule would guarantee internal stability.<\/p><p class=\"web-image\"><a href=\"https:\/\/gulfnews.com\/sport\/uae-sport\/egyptian-couple-make-guinness-record-as-squash-world-champions-1.70283746\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/Squash-couple-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>Egyptian couple get Guinness World Record as married squash world champions<\/strong>: Tarek Momen, 32, and Raneem El Welily, 31, have been recognized as the \u2018first married couple to become squash world champions\u2019 bagging a Guiness World Record for Egypt, <a href=\"https:\/\/gulfnews.com\/sport\/uae-sport\/egyptian-couple-make-guinness-record-as-squash-world-champions-1.70283746\">according to Gulf News<\/a>. Momen won the 2019-20 Professional Squash Association men\u2019s world champion trophy last November while El Welily won the 2017 women\u2019s World Open winner and topped the world rankings in September 2015.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a 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class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569942\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-gerd-dispute-still-dominate-talk-shows\/\">\r\n                            Covid-19, GERD dispute still dominate talk shows                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" 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           <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-gerd-dispute-still-dominate-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569942\" class=\"content-area-description single-story post-569942 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-covid-19 tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-health-minister tag-health-ministry tag-israel tag-moustafa-elfeki tag-world-health-organization wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The working week has ended a day early as fear of bad weather shuts down public and private <\/strong><strong>sectors alike: <\/strong>Al Hayah Al Youm\u2019s Hossam Hadad covered the cabinet\u2019s decision to grant give both private and public sector employees paid leave today due to adverse weather conditions, with the exception of employees at vital facilities <a href=\"https:\/\/www.youtube.com\/watch?v=Jt8RsTVd4C4\">(watch, runtime: 4:13)<\/a>. Masaa DMC\u2019s Ramy Radwan <a href=\"https:\/\/www.youtube.com\/watch?v=r5Hv2NLqBpA\">(watch, runtime: 3:41)<\/a> also covered the story.<\/p>\n<p><strong>Covid-19 safety measures: <\/strong>Yahduth Fi Misr\u2019s Sherif Amer spoke by phone with former health minister and World Health Organization envoy Maha Al Rabat, who discussed steps you can take to lower your chances of coming down with the covid-19 virus. She also noted that there is currently no vaccine and that scientists are still in the \u201cexperimental stages\u201d of formulating one <a href=\"https:\/\/www.youtube.com\/watch?v=XXr5lwKnSyg\">(watch, runtime: 3:10)<\/a>.<\/p>\n<p><strong>New covid-19 cases: <\/strong>Amer also spoke by phone with Health Ministry spokesperson Khaled Megahed who discussed the seven cases of covid-19 that recovered and were discharged from hospitals upon recovery in addition to the first case discovered in Egypt. Megahed also spoke about the eight newly confirmed cases of covid-19 patients \u2014 seven Egyptians and one foreigner \u2014 who contracted the virus by coming into contact with infected people. This brings the total number of cases in Egypt to 67 <a href=\"https:\/\/www.youtube.com\/watch?v=FKcJNEo4x1I\">(watch, runtime: 2:51)<\/a>.<\/p>\n<p><strong>Ethiopia\u2019s GERD agenda:<\/strong> Amer spoke by phone with political analyst and the head of the Alexandria Library Moustafa Al Fiqi, who said that Ethiopian Prime Minister Abi Ahmed is taking advantage of the Grand Ethiopian Renaissance Dam crisis to promote himself ahead of this year\u2019s elections, which he said shouldn\u2019t come at the expense of Egypt\u2019s interests <a href=\"https:\/\/www.youtube.com\/watch?v=awC1kWcklfM\">(watch, runtime: 2:36)<\/a>. Al Fiqi said that Egypt\u2019s patience has its limits and that \u201cdying in war may be better than dying of thirst\u201d <a href=\"https:\/\/www.youtube.com\/watch?v=KI94M82Wy-M&t=33s\">(watch, runtime: 2:09)<\/a>. He also added that he would not rule out Israel stepping in as a mediator in the negotiations <a href=\"https:\/\/www.youtube.com\/watch?v=YYmz-cnu_oY\">(watch, runtime: 2:28)<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-minister\/\">Health Minister<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-ministry\/\">Health Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moustafa-elfeki\/\">Moustafa Elfeki<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-health-organization\/\">World Health Organization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569943\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569943\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-greenlights-automotive-strategy\/\">\r\n                            Cabinet greenlights automotive strategy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-greenlights-automotive-strategy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-greenlights-automotive-strategy\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-greenlights-automotive-strategy\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Cabinet greenlights automotive strategy&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-greenlights-automotive-strategy\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-greenlights-automotive-strategy\/&title=Cabinet greenlights automotive strategy\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Cabinet+greenlights+automotive+strategy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F12%2Fcabinet-greenlights-automotive-strategy%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-greenlights-automotive-strategy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/152.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"569944\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-greenlights-automotive-strategy\/152-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/152.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"152.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/152.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/152.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569943\" class=\"content-area-description single-story post-569943 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-automotive-directive tag-enterpriseam tag-legislation tag-manufacturing tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a><strong> Gov\u2019t greenlights automotive strategy: <\/strong>The Madbouly Cabinet <a href=\"http:\/\/bit.ly\/2IB0zNu\">approved in its weekly<\/a><a href=\"http:\/\/bit.ly\/2IB0zNu\">meeting<\/a> the long-awaited automotive strategy to encourage car assemblers and feeder industries. While the statement falls short on discussion of the finer details, it notes that the strategy will comprise legislative provisions, incentives, infrastructure improvements, and trade agreements with countries in the region and elsewhere.<\/p>\n<p><strong>What we already know:<\/strong> <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/30\/cabinet-approves-final-customs-package-for-car-makers\/\">We reported last summer<\/a> that a cornerstone of the new plan would be to provide customs discounts to manufacturers on a sliding scale linked to the percentage of locally-produced content they use. A \u2018value-added rule\u2019 <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/29\/egypts-automotive-incentives-package-could-soon-see-the-light-of-day-9209\/\">will reportedly be used<\/a> to calculate the percentage of domestic content used when deciding whether a car qualifies as locally-made.<\/p>\n<p><strong>Background: <\/strong>The so-called automotive directive \u2014 a package of incentives that would have allowed local assemblers, who industry backers argue support tens of thousands of skilled direct and indirect jobs, to better compete with European Union, Moroccan and Turkish imports \u2014 <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/30\/govt-plans-to-scrap-automotive-directive-and-will-replace-it-with-special-zones\/\">was scrapped in 2018<\/a> after it drew criticism from the EU for breaching trade terms. German Chancellor Angel Merkel, in particular, was said to have discussed the issue directly with President Abdel Fattah El Sisi. Talks of a new program, which <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/11\/is-egypts-auto-manufacturing-incentives-package-coming-out-of-hibernation-soon-8271\/\">was cleared<\/a> with the EU and is expected not to violate any of Egypt\u2019s trade agreements, then emerged.<\/p>\n<p><strong>The new strategy still needs to make its way past the House of Representatives,<\/strong> whether through legislative amendments to the Customs Act or other bills that will require House approval. And remember: The devil is in the details, and those are more likely to be spelled out in full in the executive regulations than they are in the bills themselves.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-directive\/\">Automotive Directive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569955\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569956\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569956\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/bloomberg-charts-the-latest-on-the-spread-of-covid-19-around-the-world-in-this-interactive-graphic\/\">\r\n                            Bloomberg charts the latest on the spread of covid-19 around the world in this interactive graphic                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/bloomberg-charts-the-latest-on-the-spread-of-covid-19-around-the-world-in-this-interactive-graphic\/\" target=\"_blank\">\n               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interactive graphic\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Bloomberg+charts+the+latest+on+the+spread+of+covid-19+around+the+world+in+this+interactive+graphic+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F12%2Fbloomberg-charts-the-latest-on-the-spread-of-covid-19-around-the-world-in-this-interactive-graphic%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/bloomberg-charts-the-latest-on-the-spread-of-covid-19-around-the-world-in-this-interactive-graphic\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/156.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"569957\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/bloomberg-charts-the-latest-on-the-spread-of-covid-19-around-the-world-in-this-interactive-graphic\/156-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/156.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"156.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/156.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/156.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569956\" class=\"content-area-description single-story post-569956 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-covid-19 tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Bloomberg charts the latest on the spread of covid-19 around the world <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/graphics\/2020-wuhan-novel-coronavirus-outbreak\/?srnd=premium-middle-east&sref=mmeFTDW1\">in this interactive<\/a><\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/graphics\/2020-wuhan-novel-coronavirus-outbreak\/?srnd=premium-middle-east&sref=mmeFTDW1\">graphic<\/a><\/strong><strong>:<\/strong> 124,398 people infected, 4,600 dead.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569958\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569958\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-tops-coverage\/\">\r\n                            Covid-19 tops coverage                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-tops-coverage\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-tops-coverage\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-tops-coverage\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Covid-19 tops coverage&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-tops-coverage\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-tops-coverage\/&title=Covid-19 tops coverage\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Covid-19+tops+coverage+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F12%2Fcovid-19-tops-coverage%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/covid-19-tops-coverage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569958\" class=\"content-area-description single-story post-569958 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-covid-19 tag-egypt-in-the-news tag-enterpriseam tag-khalifa-haftar tag-libya tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Covid-19 and its impact on Egypt <\/strong>as well as cases that trace their origins there continue to dominate the conversation on Egypt in the foreign press.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khalifa-haftar\/\">Khalifa Haftar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569959\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569959\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cnn-features-egyptian-agriculture-exporter-sherif-el-magrabi\/\">\r\n                            CNN features Egyptian agriculture exporter Sherif El Magrabi                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cnn-features-egyptian-agriculture-exporter-sherif-el-magrabi\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cnn-features-egyptian-agriculture-exporter-sherif-el-magrabi\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cnn-features-egyptian-agriculture-exporter-sherif-el-magrabi\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=CNN features Egyptian agriculture exporter Sherif El Magrabi&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cnn-features-egyptian-agriculture-exporter-sherif-el-magrabi\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cnn-features-egyptian-agriculture-exporter-sherif-el-magrabi\/&title=CNN features Egyptian agriculture exporter Sherif El Magrabi\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CNN+features+Egyptian+agriculture+exporter+Sherif+El+Magrabi+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F12%2Fcnn-features-egyptian-agriculture-exporter-sherif-el-magrabi%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cnn-features-egyptian-agriculture-exporter-sherif-el-magrabi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/157.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"569960\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cnn-features-egyptian-agriculture-exporter-sherif-el-magrabi\/157-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/157.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"157.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/157.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/157.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569959\" class=\"content-area-description single-story post-569959 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-agriculture tag-cnn tag-enterpriseam tag-trade tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>CNN profiles Sherif El Magrabi, the owner of <\/strong><strong><a href=\"https:\/\/www.magrabi-agriculture.com\/index.html\">Magrabi Agriculture<\/a><\/strong>, one of the lead Egyptian exporters of fruits and vegetables, about how he grew his farms, where he exports to, and the secret to growing great agriculture products (<a href=\"https:\/\/edition.cnn.com\/videos\/business\/2020\/03\/09\/made-in-egypt-traders-magraby-farms.cnn\">watch, runtime: 02:41<\/a>). Magrabi believes that Egypt has surpassed Spain as the world's number one exporter of oranges. His farms are on an area of 50k acres and the citrus farm alone is the size of greater Beirut. Magrabi Agriculture exports to 57 countries worldwide including all of the EU, a few African countries, China, Australia, New Zealand, \u201cand everything in between.\u201d<\/p>\n<p><strong>But even El Maghrabi isn\u2019t immune from corona:<\/strong> Supply disruptions due to covid-19 have been slowing the export of Egyptian oranges to China. The good news coming out today is that shipments are gradually resuming, <a href=\"http:\/\/freshplaza.com\/article\/9198242\/egyptian-oranges-reach-chinese-market-in-larger-volumes\/\">Fresh Plaza reports<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cnn\/\">CNN<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569961\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569961\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/ethiopia-working-on-new-gerd-proposal-local-media\/\">\r\n                            Ethiopia working on new GERD proposal -local media                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/ethiopia-working-on-new-gerd-proposal-local-media\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/ethiopia-working-on-new-gerd-proposal-local-media\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/ethiopia-working-on-new-gerd-proposal-local-media\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Ethiopia working on new GERD proposal -local media&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/ethiopia-working-on-new-gerd-proposal-local-media\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/ethiopia-working-on-new-gerd-proposal-local-media\/&title=Ethiopia working on new GERD proposal -local media\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Ethiopia+working+on+new+GERD+proposal+-local+media+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F12%2Fethiopia-working-on-new-gerd-proposal-local-media%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/ethiopia-working-on-new-gerd-proposal-local-media\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569961\" class=\"content-area-description single-story post-569961 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-gerd tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Ethiopia working on new GERD proposal:<\/strong> Ethiopian officials are working on a new proposal for filling and operating the Grand Ethiopian Renaissance Dam and will present it soon to Egypt and Sudan, a source in Ethiopia\u2019s Irrigation Ministry <a href=\"https:\/\/www.ezega.com\/News\/NewsDetails\/7810\/Ethiopia-Working-on-New-Proposal-on-Filling-Operation-of-GERD\">told local media<\/a>. The dispute between Egypt and Ethiopia over access to the Nile\u2019s water has escalated this month after Ethiopia abandoned talks in Washington, accusing the US of being biased in its mediation. \u201cThe new proposal is prepared in a way that will protect Ethiopia\u2019s natural right on the use of the Nile waters and in line with international laws and ensures the benefits of the downstream countries,\u201d the source said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569963\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569963\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\">\r\n                            Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/&title=Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Ahly+Sabbour+signs+EGP+5+bn+agreement+with+the+Urban+Communities+Authority+to+develop+6th+of+October%E2%80%99s+Keeva+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F12%2Fal-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569963\" class=\"content-area-description single-story post-569963 post type-post status-publish format-standard hentry category-real-estate-housing tag-al-ahly-sabbour tag-enterpriseam tag-national-bank-of-egypt tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Real estate developer Al Ahly Sabbour has signed an agreement with the New Urban Communities Authority worth an estimated EGP 5 bn to develop the Keeva compound in Sixth of October, <a href=\"http:\/\/bit.ly\/2Q9tqwv\">Al Mal reports<\/a>. Company chairman, Hussein Sabbour, said that the compound will be built across 144 acres in four stages to deliver 1,138 housing units by the second half of 2023. Only 18% of the compound will be allocated for two-storey residences, and the remaining 82% for green spaces, lakes, entertainment venues and roads.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/al-ahly-sabbour\/\">Al Ahly Sabbour<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-bank-of-egypt\/\">National Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569964\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569964\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/house-to-extend-discussion-period-over-bill-regulating-use-of-plastic-bags\/\">\r\n                            House to extend discussion period over bill regulating use of plastic bags                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/house-to-extend-discussion-period-over-bill-regulating-use-of-plastic-bags\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/house-to-extend-discussion-period-over-bill-regulating-use-of-plastic-bags\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/house-to-extend-discussion-period-over-bill-regulating-use-of-plastic-bags\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=House to extend discussion period over bill regulating use of plastic bags&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/house-to-extend-discussion-period-over-bill-regulating-use-of-plastic-bags\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/house-to-extend-discussion-period-over-bill-regulating-use-of-plastic-bags\/&title=House to extend discussion period over bill regulating use of plastic bags\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=House+to+extend+discussion+period+over+bill+regulating+use+of+plastic+bags+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F12%2Fhouse-to-extend-discussion-period-over-bill-regulating-use-of-plastic-bags%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/house-to-extend-discussion-period-over-bill-regulating-use-of-plastic-bags\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569964\" class=\"content-area-description single-story post-569964 post type-post status-publish format-standard hentry category-legislation-policy tag-enterpriseam tag-house-of-representatives tag-khaled-abul-makarem tag-legislation-policy tag-mohamed-mostafa-el-sallab wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The House of Representatives\u2019 Industry Committee has agreed to extend the period of deliberations over a draft law regulating the use of plastic bags, <a href=\"https:\/\/alborsaanews.com\/2020\/03\/11\/1306567\">the local press reports<\/a>. The committee\u2019s deputy chairman Mohamed Moustafa El Sallab said that the Environment Ministry had requested that the committee postpone discussion of the draft bill submitted <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/24\/smart-policy-plastic-bags-could-disappear-under-bill-being-written-by-house-industry-committee\/\">in June of last year<\/a>. The ministry said it needs to conduct a comprehensive study of the situation on the ground and submit another proposal in April that allows relevant industries an appropriate adjustment period. Chairman of the Export Council for Chemical Industries and Fertilizers Khaled Abul Makarem rejected the idea of an outright ban on the production of plastic bags, saying it would result in the closure of around 3k plastic factories.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khaled-abul-makarem\/\">Khaled Abul Makarem<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-policy\/\">Legislation + Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-mostafa-el-sallab\/\">Mohamed Mostafa El Sallab<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569965\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569965\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/my-morning-routine-mai-abaza-ceo-and-co-founder-of-publicist-inc\/\">\r\n                            My Morning Routine: Mai Abaza, CEO and co-founder of Publicist Inc.                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/my-morning-routine-mai-abaza-ceo-and-co-founder-of-publicist-inc\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Speaking to us this week is <a href=\"https:\/\/eg.linkedin.com\/in\/maiabaza\">Mai Abaza<\/a>, CEO and co-founder of <a href=\"http:\/\/www.publicistinc.com\/\">Publicist Inc<\/a>.<\/p>\n<p><strong>I\u2019m Mai Abaza, the CEO and co-founder of Publicist Inc. and a proud mom of twins<\/strong>. I was born and raised in Dubai, and I\u2019ve been in the PR industry since 2002. I studied at AUC, but moved back to Dubai after graduation, working in the Gulf and Levant, before moving to Cairo at the end of 2009 and founding the company in 2011.<\/p>\n<p><strong>Once I'm up in the morning I like to take action, <\/strong>so I get dressed and immediately start my day. Everything begins at 6:00 am, getting the kids ready with lunchboxes packed and onto the school bus. Then, if I\u2019m feeling energetic I do some stretching, grab a coffee and start reading Enterprise before making it into the office by 9:00 am. Some days, crawling back into bed for another hour before heading out is necessary, though.<\/p>\n<p><strong>Two years ago, I made a conscious decision to limit my work day to when my kids are at school,<\/strong> so I try to pack the day to make sure I'm getting the most out of it. Mornings are when I\u2019m most alert so I dedicate this time to catching up on emails and any tasks to do with numbers and finance. Starting around midday, I have an open door policy for anyone who wants to sort through problems, work-related or otherwise. As my partner Allaa and I plan our next steps for the company, we\u2019re thankful for our fantastic 20-person team of young and driven people.<\/p>\n<p><strong>I recently discovered an interesting e-book called the <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Silent-Meeting-Manifesto-v1-meeting-ebook\/dp\/B07SY9C9YJ\">Silent Meeting Manifesto<\/a><\/strong><strong>, <\/strong>which is designed to help focus meetings and make them more useful by encouraging participants to silently read a prepared memo and make notes ahead of actually speaking. I\u2019m looking to apply the concept here as best as I can. <strong>In light of <\/strong><strong><a href=\"https:\/\/www.internationalwomensday.com\/\">International Women\u2019s Day<\/a><\/strong><strong> I\u2019ve also been reading some short stories by Virginia Woolf.<\/strong> It's fascinating that the challenges she identified for women in the early 20th century still exist today.<\/p>\n<p><strong>I\u2019m hooked on <\/strong><strong><a href=\"https:\/\/www.imdb.com\/title\/tt6468322\/\">Money Heist,<\/a><\/strong><a href=\"https:\/\/www.imdb.com\/title\/tt6468322\/\">aka La Casa de Papel<\/a>, and I\u2019ve been binge watching it ahead of its Season 4 release in April. I also like <a href=\"https:\/\/www.youtube.com\/watch?v=7knN2TXQPzw\">The Family<\/a>, which is about the influence of a Christian conservative group on American politics. <strong>I\u2019m generally fascinated by the history of religion and politics and how they often mix when they shouldn't.<\/strong> One of my favorite books of all time is Umberto Eco\u2019s <a href=\"https:\/\/www.amazon.com\/Name-Rose-Umberto-Eco\/dp\/0544176561\">The Name of the Rose<\/a>.<\/p>\n<p><strong>At Publicist Inc. our goal has always been to place PR at the top of an organization's priority list, not as a sub-function of marketing<\/strong>. In 2010, after a couple of years working at a multinational agency, I could see there was a real opening in Egypt to start a PR firm where we could bring on board global best practices. A series of conversations and after-work meetings with Rania Helmy, one of our initial founders, saw our ideas grow into more concrete plans. Everything was momentarily suspended in January 2011, but later that year Rania really pushed for it and without hesitation I agreed.<\/p>\n<p><strong>No PR strategy can be duplicated,<\/strong> because to approach a problem, you need to do a significant amount of in-depth research and analysis to ensure the messaging is just right. This process is what we love to do with our clients, because it helps us build the communications strategy on solid ground.<\/p>\n<p><strong>Digital marketing is changing public relations strategies in many ways<\/strong> but as is the case with any industry, you expect technology to drive change in the way that you practice what you do. It does not pose a challenge as much as it has become a core pillar of communications.<\/p>\n<p><strong>Among my greatest sources of pride are campaigns we have run for social causes and our partnership with <\/strong><strong><a href=\"https:\/\/www.riseupsummit.com\/home\">RiseUp<\/a><\/strong><strong>.<\/strong> In 2013, we worked with a company that manufactures cochlear implants for children with hearing problems and last year, with the <a href=\"https:\/\/amaanegypt.org\/en\">Wataneya Society for the Development of Orphanages<\/a>. We launched awareness campaigns on hearing loss and what happens to youth who are forced to leave orphanages after the age of 18. With RiseUp, we spent a lot of time raising awareness in the local press of what the startup sector means for the economy and the support it requires. So we've basically become the go-to agency for the entrepreneurship sector and innovation.<\/p>\n<p><strong>We\u2019re all human and fallible, and it\u2019s important to keep the ego in check.<\/strong> There\u2019s a great Rumi quote that I feel expresses this idea well: \u201cOut beyond ideas of wrongdoing and right doing there is a field. I\u2019ll meet you there.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/religion\/\">Religion<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569967\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"569967\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/the-market-yesterday-49\/\">\r\n                            The Market Yesterday                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/the-market-yesterday-49\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/the-market-yesterday-49\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/the-market-yesterday-49\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The Market Yesterday&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/the-market-yesterday-49\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/the-market-yesterday-49\/&title=The Market Yesterday\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+Market+Yesterday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F12%2Fthe-market-yesterday-49%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/the-market-yesterday-49\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569967\" class=\"content-area-description single-story post-569967 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><strong>EGP \/ USD CBE market average: <\/strong>Buy 15.66 | Sell 15.78<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.66 | Sell 15.76<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.65 | Sell 15.75<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 11,194 (-0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 717 mn (20% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -19.8%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session down 0.1%. CIB, the index\u2019s heaviest constituent, ended down 0.2%. EGX30\u2019s top performing constituents were Dice up 8.5%, GB Auto up 3.2%, and Elsewedy Electric up 2.5%. Yesterday\u2019s worst performing stocks were CIRA down 6.5%, Qalaa Holding down 2.9% and AMOC down 2.2%. The market turnover was EGP 717 mn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -80.2 mn<br \/>\n <strong>Regional<\/strong>: Net long | EGP +1.8 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +78.3 mn<\/p>\n<p><strong>Retail<\/strong>: 53.5% of total trades | 50.5% of buyers | 56.5% of sellers<br \/>\n <strong>Institutions<\/strong>: 46.5% of total trades | 49.5% of buyers | 43.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 32.87 (-4.34%)<br \/>\n <strong>Brent:<\/strong> USD 35.76 (-3.92%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.88 MMBtu, (-1.13%, April contract)<br \/>\n <strong>Gold:<\/strong> USD 1,636.00 \/ troy ounce (-1.46%)<\/p>\n<p><strong>TASI:<\/strong> 6,552 (-3.10%) (YTD: -21.89%)<br \/>\n <strong>ADX:<\/strong> 4,235 (-0.64%) (YTD: -16.55%)<br \/>\n <strong>DFM:<\/strong> 2,207 (-1.04%) (YTD: -20.14%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,246 (+1.39%)<br \/>\n <strong>QE:<\/strong> 8,613 (+2.14%) (YTD: -17.38%)<br \/>\n <strong>MSM:<\/strong> 3,832 (+0.90%) (YTD: -3.75%)<br \/>\n <strong>BB: <\/strong>1,439 (-0.27%) (YTD: -7.51%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569968\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/569968\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569968\" class=\"content-area-description single-story post-569968 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>March: <a href=\"https:\/\/bit.ly\/2RMVwyZ\">South Korean business delegation to visit Egypt<\/a>.<\/p>\n<p>March: <a href=\"http:\/\/www.menafatf.org\/about\">The Middle East and North Africa Financial Action Task Force<\/a> (MENAFATF) <a href=\"https:\/\/almalnews.com\/%d9%85%d8%ac%d9%85%d9%88%d8%b9%d8%a9-%d8%a7%d9%84%d8%b9%d9%85%d9%84-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a-%d8%aa%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%85%d8%a7%d8%b1%d8%b3-%d8%a7%d9%84%d9%85%d9%82\/\">will visit<\/a> Egypt to assess the progress of actions taken to combat money laundering and terrorist sponsoring activities.<\/p>\n<p>March: The French Chamber of Commerce and Industry is sending <a href=\"https:\/\/alborsaanews.com\/2020\/02\/25\/1300124\">10 French companies<\/a> to Egypt to promote French tourists to visit.<\/p>\n<p>17-18 March (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>24 March (Tuesday): <a href=\"http:\/\/bit.ly\/2VRy4TC\">The Annual Export Summit<\/a>, Nile Ritz Carlton, Cairo, Egypt.<\/p>\n<p>25-26 March (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>26 March (Thursday): <a href=\"https:\/\/almalnews.com\/%d8%aa%d8%a3%d8%ac%d9%8a%d9%84-%d8%af%d8%b9%d9%88%d9%89-%d8%b4%d8%b1%d9%83%d8%a9-%d8%b3%d9%88%d8%b1%d9%8a%d8%a9-%d8%b6%d8%af-%d8%a8%d9%88%d8%b1%d8%aa%d9%88-%d8%ac%d8%b1%d9%88%d8%a8-%d8%a5%d9%84%d9%89\/\">Court session<\/a> for Amer Group, Porto Group lawsuit against Antaradous.<\/p>\n<p>2 April (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>2-4 April (Thursday- Saturday): Global Forum for Higher Education and Scientific Research (<a href=\"https:\/\/menafn.com\/1099821661\/Egypt-Higher-Education-Ministry-prepares-for-GFHS2020-for-scientific-research\">GFHS2020<\/a>) under the theme \u201cFuture in Action\u201d, new administrative capital, Egypt.<\/p>\n<p>12 April (Sunday): Easter Sunday.<\/p>\n<p>12 April (Sunday): <a href=\"https:\/\/ent.news\/2020\/2\/240116_1.pdf\">Court session for Amer Group<\/a>, Porto Group compensation claim against Antaradous.<\/p>\n<p>17-19 April (Friday-Sunday): IMF, World Bank hold Spring Meetings.<\/p>\n<p>18 April (Saturday): One half of renowned duo 2CELLOS, Stjepan Hauser, known simply as Hauser, will be performing his only show in Egypt and it will take place in Somabay, Hurghada on April 18th. Tickets on sale at Ticketsmarche soon.<\/p>\n<p>19 April (Sunday): <a href=\"https:\/\/ent.news\/2020\/2\/%D8%A7%D8%B1%D8%A7%D8%A8%D9%8A%D8%A7-24-2-2020.pdf\">Court session for Arabia Investments Holdings\u2019<\/a> <a href=\"https:\/\/almalnews.com\/%d8%aa%d8%a3%d8%ac%d9%8a%d9%84-%d8%af%d8%b9%d9%88%d9%89-%d8%a7%d9%84%d8%b9%d8%b1%d8%a8%d9%8a%d8%a9-%d9%84%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1%d8%a7%d8%aa-%d8%b6%d8%af-%d8%a8%d9%8a%d8%ac-6\/\">lawsuit against Peugeot<\/a>.<\/p>\n<p>19 April (Sunday): Coptic Easter Sunday, national holiday.<\/p>\n<p>20 April (Monday): Sham El Nessim, national holiday.<\/p>\n<p>23 April (Thursday): First day of Ramadan (TBC).<\/p>\n<p>25 April (Saturday): Sinai Liberation Day, national holiday.<\/p>\n<p>28-29 April (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>5-7 May (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/p>\n<p>14 May (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>23 May (Saturday): An administrative court will look into an appeal by steel rolling mills to overturn a government\u2019s decision to place import tariffs on steel rebar and iron billets. The hearing <a href=\"http:\/\/bit.ly\/32gKHbU\">was postponed<\/a> from 22 February 2020.<\/p>\n<p>23-26 May (Saturday-Tuesday): Eid El Fitr (TBC).<\/p>\n<p>June: <a href=\"https:\/\/www.facebook.com\/CEconomySummit\/\">Circular Economy Summit<\/a>, Egypt, venue TBA.<\/p>\n<p>4-6 June (Thursday-Saturday): <a href=\"https:\/\/sommetafriquefrance202a0.org\/en\/\">2020 Africa-France Summit<\/a>, Bordeaux, France.<\/p>\n<p>9-10 June (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>17-20 June (Wednesday-Saturday): <a href=\"https:\/\/www.automech-formula.com\/en\/home.html\">2019 Automech Formula car expo<\/a>, Egypt International Exhibition Center, Cairo.<\/p>\n<p>30 June (Sunday): June 2013 protests anniversary, national holiday.<\/p>\n<p>25 June (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>28-29 July (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>30 July-3 August (Thursday-Monday): Eid El Adha (TBC), national holiday.<\/p>\n<p>13 August (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>20 August (Wednesday-Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>15-16 September (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>24 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>24 September- 2 October (Thursday-Friday): <a href=\"http:\/\/elgounafilmfestival.com\/\">El Gouna Film Festival<\/a>, El Gouna, Egypt.<\/p>\n<p>6 October (Tuesday): Armed Forces Day, national holiday.<\/p>\n<p>29 October (Thursday): Prophet Mohamed\u2019s birthday (TBC), national holiday.<\/p>\n<p>November: Egypt <a href=\"http:\/\/gate.ahram.org.eg\/News\/2284801.aspx\">will host simultaneously<\/a> the International Capital Market Association\u2019s emerging market, and Africa and Middle East meetings.<\/p>\n<p>4-5 November (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>12 November (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>15-16 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>24 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>25 December (Friday): Western Christmas.<\/p>\n<p>1 January 2021 (Friday): New Year\u2019s Day, national holiday.<\/p>\n<p>7 January 2021 (Thursday): Coptic Christmas, national holiday.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":569939,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-569938","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"15975b45-3717-4cd2-b482-fbe2a2dc8958","teaser":"","photo_url":"https:\/\/ent.news\/2020\/3\/150.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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